Written statement on Personal Injury Discount Rate: Publication of a Call for Evidence - Jan 17

Tuesday, 17 January 2023 14:50

Parliamentary Under Secretary of State in the Ministry of Justice (Lord Bellamy): I announce today the publication of a Call for Evidence on exploring the option of introducing a dual or multiple Personal Injury Discount Rate (PIDR). The PIDR is important in ensuring that claimants who suffer serious, life-changing personal injuries receive full damages, including for their future financial needs. It is the percentage figure used to help calculate how much a compensator...Request free trial